Assistant Purchasing Manager
2 weeks ago
Company Description
Established in 1984 and headquartered in Hyderabad, India, MEDHA SERVO DRIVES PVT LTD (MSDPL) is a global leader in railway technology specializing in electric propulsion suite of products. With offices and manufacturing facilities across multiple countries, MEDHA serves a global clientele and adheres to stringent quality standards to ensure product excellence.
Job Title:
Asst.Manager - Purchase
Roles & Responsibilities:
Requirements:
years experience in Procurement electronic components
2. Strong negotiation and contract management skills
3. Excellent analytical, organization and problem solving abilities
4. Familiarity with large scale purchasing systems, vendor management and vendor audits
5. Effective communication and relationship management skill
Responsibilities:
1. Lead end to end procurement of electronic components
2. Vendor sourcing and onboarding: Identify potential vendors, assess capabilities and onboard then through structured evaluation and documentation process
3. Vendor relationship and negotiation: Build long term partnerships with key suppliers. Handle rate negotiations and contract terms. Resolve vendor disputes to ensure optimal pricing and performance.
4. Purchasing operations: Execute RFQs, price comparisons, PO generation and order confirmations. Ensure timely delivery of materials.
5. Strategic buying: Researching to find alternate makes for cost effectiveness and ease of procurement.
6. Inventory coordination: Maintain optimum inventory levels and reporting
7. Cross functional collaboration: Collaborate with engineering team for parts verification and design approvals. Collaborate with planning team with change in requirements. Collaborate with logistics team for timely and low cost delivery options.
8. Manage and monitor a team of 6-8 associates consisting of 3-4 buyers and a vendor management team
Preference:
Resident of Hyderabad
Education:
BTech or Diploma in Electrical/Electronic Engineering
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